Suppose you are an analyst for the Coca-Cola Company.An individual's inverse demand for Coca-Cola is estimated to be P = 98 − 4Q (in cents).If Coca-Cola is produced according to the cost function C(Q)= 1,000 + 2Q (in cents),compute the surplus consumers receive when Coca-Cola charges the optimal block price.
A) $0
B) $11.52
C) $1,152
D) $576

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The Answer of Suppose you are an analyst for the Coca-Cola Company.An individual's inverse demand for Coca-Cola is estimated to be P = 98 − 4Q (in cents).If Coca-Cola is produced according to the cost function C(Q)= 1,000 + 2Q (in cents),compute the surplus consumers receive when Coca-Cola charges the optimal block price.
A) $0
B) $11.52
C) $1,152
D) $576

Suppose You Are an Analyst for the Coca-Cola Company